The board of directors of Meitu, Inc. announced that Ms. LO Po Man has tendered her resignation as an independent non-executive director, a member of the nomination committee and a member of the remuneration committee, with effect from February 22, 2018. Following the resignation of Ms. Lo, the Board further announced that Professor ZHANG Shoucheng will be appointed as an INED, a member of the Nomination Committee and a member of the Remuneration Committee with effect from February 22, 2018. Professor Zhang is a professor of physics at Stanford University, a fellow of the American National Academy of Sciences, a fellow of the American Academy of Arts and Sciences and a foreign academician of the Chinese Academy of Sciences.